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MNDY News

US IPO Weekly Recap: Summer’s first wave brings 10 IPOs

MQ

10 IPOs and nine SPACs went public this past week as the IPO market continues to heat up heading into summer. The IPO pipeline stayed active as well, with 12 IPOs and seven SPACs submitting initial filings. Payment card platform Marqeta (MQ) priced above the range to raise $1.2 billion at a $15.4 billion market cap. Marqeta provides an open API platform for...read more

Israeli software provider monday.com prices US IPO above the range at $155

MNDY

monday.com, which provides a modular project management software platform, raised $574 million by offering 3.7 million shares at $155, above the range of $125 to $140. The company had planned to raise an additional $150 million in concurrent private placements to Salesforce and Zoom Video. At pricing, the company raised 17% more in proceeds than anticipated...read more

US IPO Week Ahead: Digital payments, mental health services, and more in a diverse 9 IPO

MQ

Updated Monday, 6/7. Nine IPOs are currently slated to raise $3.9 billion, featuring digital payments, mental health services, and more. Payments platform Marqeta (MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or...read more

Israeli software providers monday.com sets terms for $490 million US IPO

MNDY

monday.com, which provides a project management platform for businesses and schools, announced terms for its IPO on Tuesday. The Tel Aviv, Israel-based company plans to raise $490 million by offering 3.7 million shares at a price range of $125 to $140. The company plans to raise an additional $150 million in concurrent private placements to Salesforce Ventures and Zoom Video....read more